The Politics of Utopia Book Reviews
The Politics of Utopia by Arnaud Orain & Andrew Brown Book Summary
A fascinating retelling of the first banking and financial collapse in eighteenth-century France.
The Scottish economist John Law has been described as the architect of modern central banking. His “System,” established in Regency France between 1716 and 1720, saw the founding of a bank issuing paper money and the establishment of state commercial and colonial enterprises aimed at consolidating public debt. What at first seemed like financial wizardry, however, resulted in rampant speculation and, ultimately, economic collapse. In The Politics of Utopia, historian Arnaud Orain offers a provocative rereading of this well-known episode.
Starting his story in the seventeenth century, Orain reconstructs the figures and ideas, long predating Law, that anticipated and laid the groundwork for the System, which, he argues, is best understood as a failed social utopia aimed at the total transformation of society. Overturning familiar narratives of this seismic event, this book rewrites a stunning chapter in economic history by dealing with the cultural, colonial, religious, and political dimensions of the (in)famous System up to the French Revolution, revealing new lessons for today’s fraught financial landscape.
Book Name | The Politics of Utopia |
Genre | History |
Author | Arnaud Orain & Andrew Brown |
Published | 11 July 2024, Thursday |
Language | English |
E-Book Size | 350 KB |
The Politics of Utopia (Arnaud Orain & Andrew Brown) Book Reviews 2024
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Summary of The Politics of Utopia by Arnaud Orain & Andrew Brown
The The Politics of Utopia book written by Arnaud Orain & Andrew Brown was published on 11 July 2024, Thursday in the History category. A total of 54 readers of the book gave the book 0 points out of 5.
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